Q 9 (B points) Company K has debt with an annual yleld to maturity (including floatation costs) of 8.54\%. The market value of the common stock is $2,496 million, the market value of the debt is $3,008 million, and the market value of the preferred is $896 million. The annual required return. on the common stock is 19.90%. The annual required return on the preferred is 13.65%. The marginal corporate tax rate is 21%. What is Compony K's annual WACC? Please round to four places in your calculations. Select one: a. .0488 b. 0637 c. .0772 d. 0956 e. 1075 f. 1189 g. 1284